Fairfax Financial Related Correlations

FFH Stock  CAD 1,460  8.00  0.54%   
Generate correlation matrix for Fairfax Financial and other related equities to check the degree to which Fairfax Financial Holdings price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Fairfax Financial Holdings. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fairfax Financial Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Specify up to 10 symbols:
Please note, there is a significant difference between Fairfax Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairfax Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairfax Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

RPI-UN
MNT
FFN
RPI-UN
-0.55-0.75
RPI-UN
MNT
-0.550.84
MNT
FFN
-0.750.84
FFN
RPI-UN
MNT
FFN
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
FFNMNT
  
High negative correlations   
FFNRPI-UN
MNTRPI-UN

Risk-Adjusted Indicators

There is a big difference between Fairfax Stock performing well and Fairfax Financial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fairfax Financial's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.